DUBLIN, Apr. 22, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/6dd7j9/global_business) has announced the addition of the "Global Business Jet Market 2015-2019" report to their offering.
The Global Business Jet market to grow at CAGRs of 6.8% and 1.79% in terms of revenue and aircraft delivery, respectively, during the period 2014-2019
A business jet is an aircraft mainly designed to transport a small number of passengers at a premium cost compared to a commercial airliner. Business jets are mostly owned and operated by corporations, wealthy people, government agencies, or commercial business jet operators that provide air charter or air taxi services. There also exist jet card program or fractional ownership schemes that allow customers to use the benefit of business jet travel without the need for full ownership of business jets.
The replacement of old generation business jets with new aircraft models is one of the key trends upcoming in this market. There has been growth in on-demand air travel and business jets associated with charter and air taxi fleets.
According to the report, an increase in demand for business jets from the Americas and the EMEA and APAC regions is one of the key factors propelling the market growth. The ease of financing facilitated by low interest rates has also resulted in an increase in ownership of business jets.
Further, the report states that environmental regulations restricting the operations of old business jets that do not meet the noise standards or emission criteria have remained a challenge in the market. Similarly, the current European crisis, as a result of political tension and economic slowdown, has adversely affected the market.
- Dassault Aviation
Other Prominent Vendors
- Diamond Jet
- Eclipse Aerospace
- Honda Aircraft Company
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Aircraft Type
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/6dd7j9/global_business
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SOURCE Research and Markets